Ormat Technologies Stock Forward View - Simple Exponential Smoothing
| HNM Stock | EUR 101.25 0.90 0.88% |
Ormat Stock outlook is based on your current time horizon. We suggest always using this module together with an analysis of Ormat Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
The relative strength index (RSI) of Ormat Technologies' stock price is roughly 66. This usually indicates that the stock is rather overbought by investors as of 22nd of February 2026. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Ormat, making its price go up or down. Momentum 66
Buy Stretched
Oversold | Overbought |
Quarterly Earnings Growth 0.083 | Wall Street Target Price 80.33 | Quarterly Revenue Growth 0.179 |
Using Ormat Technologies hype-based prediction, you can estimate the value of Ormat Technologies from the perspective of Ormat Technologies response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Ormat Technologies on the next trading day is expected to be 101.47 with a mean absolute deviation of 1.66 and the sum of the absolute errors of 99.83. Ormat Technologies after-hype prediction price | EUR 101.54 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Ormat |
Ormat Technologies Additional Predictive Modules
Most predictive techniques to examine Ormat price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ormat using various technical indicators. When you analyze Ormat charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Ormat Technologies Simple Exponential Smoothing Price Forecast For the 23rd of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Ormat Technologies on the next trading day is expected to be 101.47 with a mean absolute deviation of 1.66, mean absolute percentage error of 6.17, and the sum of the absolute errors of 99.83.Please note that although there have been many attempts to predict Ormat Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Ormat Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Ormat Technologies Stock Forecast Pattern
| Backtest Ormat Technologies | Ormat Technologies Price Prediction | Research Analysis |
Ormat Technologies Forecasted Value
In the context of forecasting Ormat Technologies' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Ormat Technologies' downside and upside margins for the forecasting period are 98.87 and 104.07, respectively. We have considered Ormat Technologies' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Ormat Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Ormat Technologies stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 118.093 |
| Bias | Arithmetic mean of the errors | -0.2325 |
| MAD | Mean absolute deviation | 1.6639 |
| MAPE | Mean absolute percentage error | 0.0164 |
| SAE | Sum of the absolute errors | 99.8347 |
Predictive Modules for Ormat Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ormat Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Ormat Technologies After-Hype Price Density Analysis
As far as predicting the price of Ormat Technologies at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Ormat Technologies or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Ormat Technologies, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Ormat Technologies Estimiated After-Hype Price Volatility
In the context of predicting Ormat Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ormat Technologies' historical news coverage. Ormat Technologies' after-hype downside and upside margins for the prediction period are 98.94 and 104.14, respectively. We have considered Ormat Technologies' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Ormat Technologies is very steady at this time. Analysis and calculation of next after-hype price of Ormat Technologies is based on 3 months time horizon.
Ormat Technologies Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Ormat Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ormat Technologies backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Ormat Technologies, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.16 | 2.60 | 0.29 | 0.01 | 8 Events / Month | 2 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
101.25 | 101.54 | 0.29 |
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Ormat Technologies Hype Timeline
Ormat Technologies is currently traded for 101.25on Frankfurt Exchange of Germany. The entity has historical hype elasticity of 0.29, and average elasticity to hype of competition of -0.01. Ormat is estimated to increase in value after the next headline, with the price projected to jump to 101.54 or above. The average volatility of media hype impact on the company the price is about 144.44%. The price rise on the next news is forecasted to be 0.29%, whereas the daily expected return is currently at 0.16%. The volatility of related hype on Ormat Technologies is about 3023.26%, with the expected price after the next announcement by competition of 101.24. The company reported the revenue of 879.65 M. Net Income was 123.73 M with profit before overhead, payroll, taxes, and interest of 267.42 M. Assuming the 90 days horizon the next estimated press release will be in about 8 days. Check out Historical Fundamental Analysis of Ormat Technologies to cross-verify your projections.Ormat Technologies Related Hype Analysis
Having access to credible news sources related to Ormat Technologies' direct competition is more important than ever and may enhance your ability to predict Ormat Technologies' future price movements. Getting to know how Ormat Technologies' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Ormat Technologies may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SII | Wheaton Precious Metals | (0.35) | 7 per month | 2.33 | 0.17 | 4.01 | (3.88) | 15.45 | |
| CJ6 | CAMECO | 0.00 | 8 per month | 2.24 | (0.03) | 4.15 | (4.89) | 16.20 | |
| 6HW | BANK HANDLOWY | 0.00 | 0 per month | 0.61 | 0.1 | 2.49 | (1.34) | 5.13 | |
| UBW1 | Babcock Wilcox Enterprises | (0.35) | 3 per month | 8.34 | 0.09 | 17.92 | (13.99) | 51.11 | |
| 52SA | SYSTEMAIR AB | 0.05 | 4 per month | 1.24 | 0.04 | 2.65 | (2.33) | 19.56 | |
| 169 | Aeroporto Guglielmo Marconi | (0.20) | 3 per month | 1.37 | 0.16 | 4.98 | (2.27) | 13.56 | |
| G1MN | Globex Mining Enterprises | 0.13 | 5 per month | 2.07 | 0.18 | 7.32 | (3.67) | 19.55 | |
| FMV | First Majestic Silver | (0.31) | 8 per month | 4.32 | 0.21 | 8.56 | (6.32) | 24.51 | |
| VIS | Viscofan | 0.00 | 2 per month | 0.35 | (0.06) | 0.96 | (1.11) | 4.82 | |
| TOM | Toyota Motor | 0.17 | 6 per month | 1.37 | 0.08 | 3.28 | (2.62) | 7.52 |
Other Forecasting Options for Ormat Technologies
For every potential investor in Ormat, whether a beginner or expert, Ormat Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ormat Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ormat. Basic forecasting techniques help filter out the noise by identifying Ormat Technologies' price trends.Ormat Technologies Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ormat Technologies stock to make a market-neutral strategy. Peer analysis of Ormat Technologies could also be used in its relative valuation, which is a method of valuing Ormat Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ormat Technologies Market Strength Events
Market strength indicators help investors to evaluate how Ormat Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ormat Technologies shares will generate the highest return on investment. By undertsting and applying Ormat Technologies stock market strength indicators, traders can identify Ormat Technologies entry and exit signals to maximize returns.
Ormat Technologies Risk Indicators
The analysis of Ormat Technologies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ormat Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ormat stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.77 | |||
| Semi Deviation | 2.12 | |||
| Standard Deviation | 2.57 | |||
| Variance | 6.62 | |||
| Downside Variance | 5.49 | |||
| Semi Variance | 4.5 | |||
| Expected Short fall | (1.89) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Ormat Technologies
The number of cover stories for Ormat Technologies depends on current market conditions and Ormat Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ormat Technologies is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Ormat Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Check out Historical Fundamental Analysis of Ormat Technologies to cross-verify your projections. For more detail on how to invest in Ormat Stock please use our How to Invest in Ormat Technologies guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.